NOVAGOLD Q3 net loss $10.7M; cash $105.6M; Donlin Gold advances; Federal court orders briefing

NOVAGOLD RESOURCES INC

Net loss of $10.7M ($0.03/sh) for Q3 Aug 2024, compared to $11.1M ($0.03/sh) in prior year.
Cash and term deposits $105.6M as of Aug 31, 2024, down from $125.7M at Nov 30, 2023.
Donlin Gold metallurgical pilot plant tests expected complete by year-end; dam safety packages submitted to ADNR.
Federal court on Sep 30, 2024 upheld two issues but agreed with plaintiffs on tailings storage facility analysis; supplemental briefing due Oct 21, response due Nov 4.
Appointed Peter Adamek as new VP and CFO; he has over 20 years of experience, most recently with Hudbay Minerals.

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